2499 Calvert Ave Memphis, TN 38108
Hollywood NeighborhoodEstimated payment $1,341/month
Highlights
- Traditional Architecture
- 1-Story Property
- 2-minute walk to Hollywood Community Center
- Central Heating and Cooling System
About This Home
Vacant investment property offering exceptional potential for value creation. Ideal for investors interested in renovation, the home can be upgraded and rented to a Section 8 tenant, providing a strong, predictable income stream. With a location in a stable, high-demand rental market, the property combines affordability with significant upside potential. Perfect for investors seeking to strategically reposition a home, this property offers the chance to generate long-term cash flow and build equity through thoughtful improvements.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $270
Year Built
- Built in 1966
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 40x151
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,125 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- Hanover Hgts Subdivision
Listing and Financial Details
- Assessor Parcel Number 042068 00016
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $270 | $19,850 | $1,250 | $18,600 |
| 2024 | -- | $7,975 | $950 | $7,025 |
| 2023 | $486 | $7,975 | $950 | $7,025 |
| 2022 | $486 | $7,975 | $950 | $7,025 |
| 2021 | $492 | $7,975 | $950 | $7,025 |
| 2020 | $493 | $6,800 | $950 | $5,850 |
| 2019 | $493 | $6,800 | $950 | $5,850 |
| 2018 | $493 | $6,800 | $950 | $5,850 |
| 2017 | $279 | $6,800 | $950 | $5,850 |
| 2016 | $331 | $7,575 | $0 | $0 |
| 2014 | $331 | $7,575 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | Pending | -- | -- | -- |
| 11/19/2025 11/19/25 | For Sale | $249,600 | -- | $222 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $15,121 | Realty Title & Escrow |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $72,540 | New Conventional |
Source: Memphis Area Association of REALTORS®
MLS Number: 10210212
APN: 04-2068-0-0016
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